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Qantas to return A380s to service

November 22, 2010 2:16 pm | by The Associated Press | News | Comments

Qantas says it will return its grounded superjumbo fleet to the skies.The airline's CEO Alan Joyce told reporters on Tuesday that the decision to put the six Airbus A380s back into service followed the completion of engine safety checks since a massive failure over Indonesia earlier this...

$4.4M Federal Grant Goes for Ocean Energy Tech

November 22, 2010 2:16 pm | by The Associated Press | News | Comments

Lockheed Martin Corp. says it has received $4.4 million in federal grants to help it commercialize technology producing energy by exploiting ocean temperature differences.The company plans to build a 10 megawatt electrical plant in Hawaii using the technology, called ocean thermal energy...

Blockbuster launches ads touting 28-day head start

November 22, 2010 1:46 pm | by The Associated Press | News | Comments

Blockbuster Inc., the video rental chain that is in the midst of restructuring under bankruptcy protection, on Monday launched a national ad campaign that promotes its 28-day head start over competitors Netflix Inc. and Coinstar Inc.'s Redbox when it comes to renting certain new releases.The...

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Hertz to rent all-electric Coda Sedan in 2011

November 22, 2010 1:46 pm | by The Associated Press | News | Comments

Hertz Corp. said Monday it will offer electric sedans from Coda Automotive Inc. for rent at its California locations by the beginning of 2011.Coda, which is based in Santa Monica, Calif., plans to begin limited sales of its four-door, five-passenger Coda Sedan by the end of this year and will...

Medtronic will buy Ardian for $800M in cash

November 22, 2010 1:46 pm | by The Associated Press | News | Comments

Medtronic Inc., the world's largest medical device maker, said Monday it will pay $800 million in cash to buy the remaining 89 percent of blood pressure treatment maker Ardian Inc. that it doesn't already own.Privately held Ardian makes a catheter system designed to treat high blood pressure by...

Ford Credit to redeem $1.3 billion in notes

November 22, 2010 12:46 pm | by The Associated Press | News | Comments

Ford Motor Credit Co. said Monday it intends to redeem more than $1.3 billion in notes on Dec. 23.The notes to be redeemed are 7 3/8-percent notes due Oct. 15, 2031, with a principal amount of $750 million, and 7.6-percent notes due March 1, 2032, with a principal amount of $562.5 million. Ford...

Teradyne intends to buy back up to $200M in stock

November 22, 2010 12:16 pm | by The Associated Press | News | Comments

Chip company Teradyne Inc. announced Monday that it intends to repurchase up to $200 million of its stock. The company did not say when it will begin to buy back shares, nor how much it might purchase at that time.Shares of Teradyne closed at $12.53, up 67 cents, or 5.7 percent.

Esterline Invitation to 4th Quarter and Fiscal 2010 Earnings Conference Call

November 22, 2010 12:16 pm | by The Associated Press | News | Comments

Esterline Technologies (NYSE: ESL)Members of the Investment Community,Esterline Technologies (NYSE: ESL) plans to announce financial results for its 4th quarter 2010 on Thursday, December 9, 2010. Esterline will host a conference call featuring remarks by Brad Lawrence, President and Chief...

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General Electric sets site for Ohio R & D center

November 22, 2010 12:16 pm | by The Associated Press | News | Comments

General Electric Co. says a new $51 million research and development center will be built on University of Dayton property near Interstate 75 in southwest Ohio.GE Aviation announced plans for the center in March. It will focus on new electric power systems for aircraft, ships, hybrid vehicles...

Judge blocks AA from pulling flights off Orbitz

November 22, 2010 12:16 pm | by The Associated Press | News | Comments

A state court judge in Illinois has stepped in to temporarily block American Airlines from pulling its flight listings from the Orbitz online travel agency.American notified Orbitz that it could remove its listings on Dec. 1 in a dispute over where Orbitz gets its information on the airline's...

Report: Nuclear Weapon Drivers Sometimes Got Drunk

November 22, 2010 12:01 pm | by FREDERIC J. FROMMER,Associated Press | News | Comments

Government agents hired to drive nuclear weapons and components in trucks sometimes got drunk while on convoy missions, including an incident last year when two agents were detained by police at a local bar during one assignment, according to a report Monday by the U.S. Energy Department's watchdog.

Nissan Leaf runs equivalent of 99 miles per gallon

November 22, 2010 11:46 am | by KEN THOMAS - Associated Press - Associated Press | News | Comments

The Nissan Leaf, an electric car aimed at attracting environmentally conscious motorists, will get the equivalent of 99 miles per gallon (43 kilometers per liter) in combined city and highway driving, based on U.S. government testing.Japan's Nissan Motor Corp. said Monday the Environmental...

Airbus Production Head Resigns

November 22, 2010 11:21 am | by Associated Press | News | Comments

The European aircraft maker says a top executive in charge of engineering and manufacturing is to be replaced by an as yet unnamed successor early next year.

Board Level Air Velocity

November 22, 2010 11:19 am | by Degree Controls | Degree Controls | Product Releases | Comments

Degree Controls’ F600 board level air velocity sensor can be used for continuous monitoring of airflow in small locations.

Steelers-Ravens game remains on NBC Sunday night

November 22, 2010 11:16 am | by The Associated Press | News | Comments

The crucial AFC North matchup between the Pittsburgh Steelers and Baltimore Ravens on Dec. 5 will remain the Sunday night game on NBC.The NFL could have moved another game into the slot under its flexible scheduling policy, but the league said Monday it wasn't making a change in Week 13. And no...

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